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Home » Business News
Business News
Friday 19. December 2008

Polaroid Corporation Initiates Financial Restructuring Process

Polaroid Corporation and its US subsidiaries today announced the company has filed voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code in order to facilitate the Company’s ongoing financial restructuring process.

Thursday 18. December 2008

FP Newspapers Income Fund Announces Monthly Distribution-December 2008

FP Newspapers Income Fund (TSX:FP.UN) today announced a distribution of 9.50 cents per unit for the month of December 2008, to unitholders of record on December 31, 2008. The distribution will be paid January 30, 2009.

Thursday 18. December 2008

Nordson Corporation Board of Directors Authorizes Share Repurchases

Nordson Corporation (Nasdaq: NDSN) today reported that its Board of Directors has authorized the company to repurchase up to 1 million common shares of the company’s stock, or approximately 3 percent of the shares outstanding, over a 3 year period. Repurchases of the 1 million shares authorized by the Board in August 2006 were completed during November 2008.

Thursday 18. December 2008

Wausau Paper Declares Dividend

Wausau Paper (NYSE:WPP) today announced that its Board of Directors has declared a quarterly dividend of $.085 per share on its common stock.

Thursday 18. December 2008

Wausau Paper Revises Fourth-Quarter Earnings Guidance Reflecting Weaker Market Conditions

Wausau Paper (NYSE:WPP) today announced revised fourth-quarter earnings guidance, reflecting weakening economic conditions and reduced customer order activity at both its Specialty Products and Printing & Writing business units.

Thursday 18. December 2008

Ellen Announces Leadership Adjustments

DuPont President and CEO-designate Ellen Kullman has announced leadership adjustments effective Jan. 1. As announced in September, Ellen will become CEO of DuPont on Jan. 1.

Thursday 18. December 2008

wissenmedia GmbH acquires Brockhaus traditional brand

Concentration of activities in the encyclopaedia sector

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